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Jakarta Post
A teller counts United States dollar banknotes on Oct. 4, 2022 at a money changer in Jakarta.
A teller counts United States dollar banknotes on Oct. 4, 2022 at a money changer in Jakarta.`
Markets premium

Dollar bonds lose appeal amid weaker rupiah, interest rate hikes

Companies in the sectors of property, banking, FMCG as well as pulp and paper often issue dollar bonds.

23 minutes ago
Markets

IDX Composite falls 0.27%, ATLA leads gainers

The majority of sectors were down at the close of trade on Thursday.

11 hours ago
Tech premium

Google says it welcomes competition in mobile operating systems

With the possibility that geopolitical divisions and protectionist measures may prompt countries to develop alternative operating systems, Google’s Android says it is prepared for increased competition.

16 hours ago

The Latest

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Companies

Meta profits soar but costs of AI cause worry

The company founded by Mark Zuckerberg said that net profit in the January to March period rose to $12.4 billion with total revenue, mainly from selling ads, up an impressive 27 percent, at $36.5 billion.

17 hours ago
Companies premium

Unilever Indonesia’s sees 5% sales decline in Q1 2024

Net profit still grew by 3 percent yoy to Rp 1.45 trillion, compared with the same period last year, thanks to cost-cutting measures.

17 hours ago
Economy

Countries, including US, seek changes to EU deforestation regulation

As a regulatory initiative developed by the European Union (EU) aiming to impose comprehensive testing requirements on various agricultural and forestry commodities, the EU Deforestation-Free Regulation (EUDR) is seen as a significant challenge that could harm Indonesian agricultural and forestry commodities, including palm oil, and undermine Indonesia's efforts and commitments in addressing issues related to climate change and biodiversity protection in line with multilateral agreements and conventions.

17 hours ago
Economy premium

Luhut pitches national projects to incoming Singaporean PM

Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan and Singapore prime minister-elect Lawrence Wong have discussed Singapore’s possible involvement in Indonesian national projects.

18 hours ago
Markets

Stocks hit by tech slump; yen flails at intervention zone

Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per dollar for the first time since 1990 raised the specter of intervention from Tokyo.

22 hours ago
economy

Countries, including US, seek changes to EU deforestation regulation

As a regulatory initiative developed by the European Union (EU) aiming to impose comprehensive testing requirements on various agricultural and forestry commodities, the EU Deforestation-Free Regulation (EUDR) is seen as a significant challenge that could harm Indonesian agricultural and forestry commodities, including palm oil, and undermine Indonesia's efforts and commitments in addressing issues related to climate change and biodiversity protection in line with multilateral agreements and conventions.

17 hours ago
economy

Indonesia-Singapore cooperation: Minister Airlangga meets Singaporean foreign minister

During his working visit to Indonesia, Singaporean Foreign Minister Vivian Balakrishnan met with Coordinating Minister for Economic Affairs Airlangga Hartarto at the Office of the Coordinating Ministry for Economic Affairs on Tuesday. The meeting was in preparation for the Leaders’ Retreat between President Joko “Jokowi” Widodo and Singaporean Prime Minister Lee Hsien Loong at the Bogor Palace in West Java on April 29.

1 day ago
economy

Premier Legacy Assurance: A solution for family financial inheritance

Insurance provider PT Asuransi Allianz Life Indonesia (Allianz Life) and PT Bank HSBC Indonesia (“HSBC Indonesia”) further strengthen their partnership and bancassurance distribution channel by launching Premier Legacy Assurance, a traditional whole life insurance product targeting affluent and high net worth individuals.

3 days ago
companies

Meta profits soar but costs of AI cause worry

The company founded by Mark Zuckerberg said that net profit in the January to March period rose to $12.4 billion with total revenue, mainly from selling ads, up an impressive 27 percent, at $36.5 billion.

17 hours ago
companies

Air Asia's Tony Fernandes delays retirement

Fernandes, 59, a pioneer of Southeast Asia's budget carrier sector who is often compared to British tycoon Richard Branson, said in January that he intended to step aside within the next five years after more than two decades at the helm.

1 day ago
markets

IDX Composite falls 0.27%, ATLA leads gainers

The majority of sectors were down at the close of trade on Thursday.

11 hours ago
markets

Stocks hit by tech slump; yen flails at intervention zone

Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per dollar for the first time since 1990 raised the specter of intervention from Tokyo.

22 hours ago
markets

IDX Composite closes up 0.9% after presidential election announcement

The IDX Composite closed 0.9 percent higher at 7,174.53 on Wednesday, following the official announcement of the president and vice president for the 2024-2029 term and Bank Indonesia’s decision to raise its benchmark interest rate.

23 hours ago
markets

IDX Composite ends Tuesday trading up 0.52 percent

The Indonesia Stock Exchange (IDX) Composite closed up 36.99 points, or 0.52 percent, on Tuesday, ending the day’s trading session at 7,110.81.

2 days ago
markets

Asian shares extend gains ahead of tech earnings, yen fragile

Asian shares extended gains on Tuesday, taking cues from Wall Street as focus shifts to earnings results from US tech giants in the week, while a still strong dollar pressured the Japanese yen to fresh 34-year lows.

2 days ago
markets

IDX Composite falls 0.19% on Iran-Israel tension, potential Fed cuts

The IDX Composite ended Monday's trading 0.19 percent lower amid rising Iran-Israel tension and speculation swirling around the Fed's potential rate cuts.

3 days ago

Today's ePost

Fri, April 26, 2024

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